Bank of Baroda is selling a ₹2,776 crore portfolio of 41 stressed loans, including nine declared fraud accounts like Ushdev International a...

When a friend or a relative asks you for a personal loan, always seek time. There is no need to feel pressurised to respond immediately. So...

A 30-year-old man earning Rs 20 lakh per year shared his dilemma online after his father planned to buy a Rs 1.6 crore house ahead of retir...

A 27-year-old software engineer with Rs 30 lakh in savings and a young family is facing emotional and financial pressure from his retired f...

The Insolvency and Bankruptcy Code (IBC) provides opportunities for defaulting firms and personal guarantors to restructure debts. The Mini...

"The underlying principle of the proposed directions is that the RE should ensure that outsourcing arrangements neither diminish its abilit...

This penalty has been imposed in exercise of powers vested in the RBI under the provisions of Section 47 A (1) (c) read with Sections 46 (4...

Erstwhile promoter Wadhawan stands guarantee to loans taken by DHFL, which is sitting on debt of about Rs 90,000 crore, while Dhoot has als...

The cut-offs in credit scores used for evaluating loan applications can vary across lenders. Some lenders set a high cut-off in credit scor...

Loan defaults are bad news for people who have stood as guarantors to loans taken by friends and relatives. Most people know that a guarant...

At risk, is only the risk capital that the promoter has invested in the enterprise.

With a sharp rise in bad loans -new or restructured loans -lenders are seeking personal guarantee as an assurance so that the borrower has ...

Here are some unexpected reasons for home loan rejection. These reasons may play a part in rejection, if not being the sole reason for reje...

The ministry circular states that in the event of default in repayment by the borrower company, all the guarantors are liable to repay the ...

To repay the loan you stood as a guarantor, you in turn may need to take a loan, which has the potential to be destabilizing in nature.

If your business is in the ideation stage or yet to start up, you will find it extremely difficult to raise money through a business loan.

By standing guarantor for another person’s loan, you will reduce your own loan eligibility to the extent of the amount of loan that you sta...